$CFX $CFX (Conflux) Overview – 100 Words

Conflux ($CFX) is the native token of the Conflux Network, a high-performance, layer-1 blockchain that combines proof-of-work and Tree-Graph consensus to achieve high throughput without sacrificing decentralization. It supports smart contracts and is compatible with Ethereum, making it ideal for DeFi, NFTs, and Web3 applications. Conflux stands out for its strong presence in Asia, especially China, where it complies with local regulations. The $CFX token is used for transaction fees, staking, and governance. With low fees and high scalability, Conflux is positioned as a bridge between Western and Eastern blockchain ecosystems, promoting global blockchain adoption.